Mondelez International Inc (MDLZ)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		5.80	6.16	5.97	6.45	6.10
DOH	days	62.97	59.30	61.14	56.59	59.88

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.80
= 62.97

To analyze the days of inventory on hand (DOH) for Mondelez International Inc using the provided data, we observe the trend over the five-year period from December 31, 2020, to December 31, 2024.

- In December 31, 2020, Mondelez's DOH was 59.88 days.
- By December 31, 2021, the DOH decreased to 56.59 days, indicating an improvement in managing inventory turnover.
- However, by December 31, 2022, the DOH increased to 61.14 days, suggesting a possible buildup of inventory levels.
- In December 31, 2023, the DOH slightly decreased to 59.30 days, indicating efforts to optimize inventory management.
- By December 31, 2024, the DOH increased again to 62.97 days, potentially signaling challenges in efficiently managing inventory levels.

Overall, fluctuations in the DOH of Mondelez International Inc over the five-year period highlight the company's changing efficiency in managing its inventory. A decreasing trend in DOH generally indicates improved inventory turnover and efficient operations, while an increasing trend may suggest inventory management issues or changes in the company's supply chain dynamics. Furthermore, comparing the DOH to industry benchmarks and historical data can provide additional insights into Mondelez's inventory management performance.